F.D.A CONCEPT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
F.D.A CONCEPT
Largest movements
- Receivables within one year -€20,560
down €20,560 (-4.3%), from €479,363 to €458,803
of which Trade receivables: -€46,401
- Cash +€11,037
up €11,037 (+164%), from €6,741 to €17,778
mainly Net result for the year (+€30,272) and Receivables within one year (+€20,560)
- Trade debts -€50,027
down €50,027 (-15.1%), from €330,888 to €280,861
- Profit (loss) carried forward +€30,272
up €30,272 (+22.4%), from €135,285 to €165,557
- Tax, wage and social debts +€7,982
up €7,982, from €0 to €7,982
- Taxes +€16,656
up €16,656 (+416%), from €3,999 to €20,655
- Gross operating margin +€7,701
up €7,701 (+12.8%), from €60,174 to €67,875
- Financial charges +€1,259
up €1,259 (+12.6%), from €9,961 to €11,220
- Staff costs +€798
new in 2024: €798
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €486,633 | €477,085 | -€9,548 | -2.0% |
| Fixed assets | 21/28 | €170 | €170 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €486,463 | €476,915 | -€9,548 | -2.0% |
| Amounts receivable within one year | 40/41 | €479,363 | €458,803 | -€20,560 | -4.3% |
| Trade receivables | 40 | €320,745 | €274,344 | -€46,401 | -14.5% |
| Other amounts receivable | 41 | €158,618 | €184,459 | +€25,841 | +16.3% |
| Cash at bank and in hand | 54/58 | €6,741 | €17,778 | +€11,037 | +164% |
| Deferred charges and accrued income | 490/1 | €358 | €335 | -€24 | -6.7% |
| Total equity and liabilities | 10/49 | €486,633 | €477,085 | -€9,548 | -2.0% |
| Equity | 10/15 | €155,745 | €186,017 | +€30,272 | +19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,285 | €165,557 | +€30,272 | +22.4% |
| Amounts payable | 17/49 | €330,888 | €291,068 | -€39,820 | -12.0% |
| Amounts payable within one year | 42/48 | €330,888 | €291,068 | -€39,820 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,225 | +€2,225 | |
| Trade debts | 44 | €330,888 | €280,861 | -€50,027 | -15.1% |
| Suppliers | 440/4 | €330,888 | €280,861 | -€50,027 | -15.1% |
| Taxes, remuneration and social security | 45 | €0 | €7,982 | +€7,982 | |
| Taxes | 450/3 | €0 | €7,982 | +€7,982 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €798 | +€798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,987 | €1,326 | -€661 | -33.3% |
| Non-recurring operating charges | 66A | - | €3,622 | +€3,622 | |
| Gross operating margin | 9900 | €60,174 | €67,875 | +€7,701 | +12.8% |
| Operating profit (loss) | 9901 | €58,187 | €62,129 | +€3,943 | +6.8% |
| Financial income | 75/76B | €697 | €18 | -€679 | -97.4% |
| Recurring financial income | 75 | €697 | €0 | -€697 | -100% |
| Non-recurring financial income | 76B | - | €18 | +€18 | |
| Financial charges | 65/66B | €9,961 | €11,220 | +€1,259 | +12.6% |
| Recurring financial charges | 65 | €9,961 | €11,220 | +€1,259 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €48,922 | €50,927 | +€2,005 | +4.1% |
| Income taxes | 67/77 | €3,999 | €20,655 | +€16,656 | +416% |
| Profit (loss) for the period | 9904 | €44,923 | €30,272 | -€14,651 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,923 | €30,272 | -€14,651 | -32.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.